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555 Railroad Drive, Elk River, MN

$ 990,000
555 Railroad Drive,
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Very stable, multi-tenant investment. 16,788 SF of gross building square footage. Mixed-use, industrial, office space that is nearly 100% leased. Strong Cap Rate. Building currently occupied by First Step Pre-School, J&A Glass Company and NovaCare/Select Medical. Quick and easy access off of Highway 10 and Main Street NW. Ample parking for clients and tenants. Do not disturb Tenants. Contact Broker for non-disclosure agreement to receive financials. Brokers conduct all tours which require 24-48 hr notice.

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Documents
Address: 555 Railroad Drive
City:
State/County:
Zip: 55330
Country: United States
Property Id : 7337
Price: $ 990,000
Property Lot Size: 78,408 ft2
Property Type: Mixed-Use, Industrial, Office
Zoning: C1 - Central Commercial District
Lot Square Footage: 78,408 SF
Lot Acreage: 1.8 Acres
PID #: 754051210 754051220 755340110
Year Built: 1950
Exterior: Stucco, block, brick
Roof : Flat, rubber membrane on part of the roof
Roof Age: Over 10 years
County: Sherburne
2015 Property Taxes: 2017 $22,996
Gross Building Square Feet: 16,788 SF
# Parking Spaces: 64 spots
Utilities Available: Gas, electric, water, sewer
Availability: Immediate
Occupancy: 95%
Rent Roll: Available with signed NDA
Leases: Available with signed NDA
Sale Includes: Building, land, leases
Traffic Counts: 2,350 VPD on Railroad Dr; 28,500 VPD on Hwy 10
HVAC: Forced Air
Cooling: Central
Fuel: Natural Gas
Financial Terms: Cash, conventional
Forced Air Heat
Central Air
Natural Gas Fuel

RE/MAX Results Commercial Group

Mark Hulsey - Managing Broker
651-256-7404
info@resultscommercial.com

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